I am so glad someone posts this in every single article about Crypto bullshit.

I keep pointing it out, but The Greater Fool Theorem is literally the basis for any “value” created by NFTs, and people are freaking out because some of the true believers are starting to be left holding the bag. Turns out if you’re an NFT believer you do eventually run out of greater fools.

Poe’s Law applies to NFTbros much as it applies to any other thoroughly deranged position.

If NFTs ever become better than existing technology at basically anything come and get me. You compare it to Fortnite’s fremium model which is a thing that works and just reminds me that, wow, we already have this thing that works totally fine without the blockchain or NFTs. Games ALREADY HAVE microtransactions,…

That’s quite a long list of things you could already do without NFTs or the blockchain already.

And for once what they said is true!

Bubble’s gotta burst some day...

NFTs do nothing that can’t already be done by existing technology. If they get used for Graft it’s only because that’s what they’re best at! That and environmental damage.

Cryptobros will breathlessly tell you there are TONS of uses for NFTs, TONS AND TONS OF THEM.

That’s the risk of playing dumb games with “investments” that live and die off the Greater Fool Theory: Sometimes the greater fool was you all along.

Thing is that Polygraphs have exceptional Reliability, they get provably accurate results. This is true and irrelevant because when used as lie detectors they have bottom of the barrel VALIDITY. You can be sure a Polygraph will produce accurate, reproducible data but you CAN’T be sure AT ALL they’re “detecting lies”…

Well of course not, this time it’ll be different because they think THEY’LL be the ones laughing all the way to the bank. I mean, there’s gotta be a bigger idiot, right? Well there better be, because The Greater Fool Theory is the thing driving all NFT transfers.

1. Love a free game.

2. Developers try to jam in needless, useless, exploitative, scammy, borderline fraudulent, environmentally ruinous trash that nobody wants that provide no benefits, do nothing for a game’s design, and have no positive traits at all.

3. People hate it.

FTFY.

Not anymore, actually, but you can still buy and sell cards to other players in MTGO without needing an environmentally ruinous blockchain.

It’s definitely sus.

Hope your check is in the mail, comrade.

Saying a Venture Capitalist is a scumbag is repeating yourself.

Yep, another no u. Something something beam vs mote?

And there are many better ways to get across this information, there are many ways you could have offered this information and introduce this as an add-on fact, that there are more VTubers than just girls and many of them are doing quite well. Had you approached with something like “I don’t think saying their a cute…

Yeah, gatekeeping is when you’re bizarrely, overly hostile and possessive of a particular form of media in a way that discourages engagement. It’s when you act like a hipster and dismiss more casual fans for not having the depth of knowledge and for having the wrong opinion and scorning them for it.

As an example, if…